Sunday, October 30, 2005

The Positive News About the Rising Cost of Oil

The Positive News About the Rising Cost of Oil

Yes there's a positive side to this situation. Have you
noticed the new commercials yet? Have you heard about
the upcoming invasion of the hybird cars, suvs and trucks?

This is very positive news and there are even tax incentives
for purchasing these vehicles.

GM, Ford, Chrysler are all in a rush now to develop and
market their own hybrid vehicles to catch up with the
Japenese automakers Honda, Toyota and Nissan.

In fact, I was surprised to learn that even Porsche, BMW
and Mercedes were planning to introduce hybrid models!

Now it's been 30+ years since the last "energy crisis" here
in the states but this time it looks like the tide is turning for
alternate fuel vehicles and alternate energy in general.

I understand that not everyone can rush out and afford
a new hybrid but with so many coming to market the
prices will slowly normalize and the transition from
an oil dependent transportation system has begun.

Several other developments are on the horizon for
alternative energy and I sense this time it's for real.

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